BLDR

Builders Firstsource Inc

Finance/Real Estate, Industrial/Transportation


Presented:07/09/2015
Price:$12.20
Cap:$1.21B
Current Price:$195.72
Cap:$22.79B

Presented

Date07/09/2015
Price$12.20
Market Cap$1.21B
Ent Value$1.58B
P/E Ratio93.6x
Book Value$0.35
Div YieldN/A
Shares O/S99.26M
Ave Daily Vol1,090,000
Short Int5.69%

Current

Price$195.72
Market Cap$22.79B
Builders FirstSource, Inc. manufactures and supplies structural and related building products for residential new construction primarily in the southern and eastern United States. The company offers prefabricated components, including floor trusses, roof trusses, wall panels, stairs, and engineered wood; and window and door products, such as aluminum and vinyl windows, and pre-hung interior and exterior doors, as well as assembles and distributes interior and exterior door units. It also provides lumber and lumber sheet products comprising dimensional lumber, plywood, and oriented strand board products; millwork products, such as interior trim, exterior trim, columns, and posts under the Synboard brand name, as well as offers custom exterior featured products; and other building products, including cabinets, hardware, composite materials, roofing, and insulation. In addition, the company provides construction services, such as turn-key framing, shell construction, design assistance, and professional installation services. It serves homebuilders and remodeling contractors. The company was formerly known as BSL Holdings, Inc. and changed its name to Builders FirstSource, Inc. in October 1999. Builders FirstSource, Inc. was founded in 1998 and is headquartered in Dallas, Texas.

Publicly traded companies mentioned herein: Builders FirstSource Inc (BLDR), Stock Building Supply Holdings Inc (STCK)

Highlights

The presenter is long shares of Builders FirstSource (BLDR), calling it “underfollowed,” with underappreciated upside from the recent ProBuild acquisition. He thinks the stock is cheap on both an earnings multiple and EBITDA multiple basis at current levels (~$12), and models a $30 price target on 2016 - 2017 EPS numbers.

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Idea Discussion

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